Chipmaker Qualcomm will partner with Apple for its 5G modems until 2026, according to a new report.
Cristiano Amon, president and CEO of Qualcomm, said that if Apple needs 5G chips, “they will know where to find us.” In May, the company announced that Apple plans to use its own chips for Apple products in 2024. Apparently Apple is not ready yet and may have to rely on Qualcomm for a few more years.
Apple is believed to have been developing its own chips since 2019 after purchasing Intel’s smartphone modem division. In a statement, Qualcomm says its chips could make up just 20% of Apple’s smartphones in 2026. Both companies entered into a six-year, $1.9 billion deal in 2022 with an optional two-year extension. The upcoming iPhone 15 series is expected to feature the Qualcomm Snapdragon 5G Modem RF chip.